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enough, now critical ports across the u.s. could be brought to a standstill starting this weekend. we'll explain how a looming union worker strike could sink businesses across the united states. >>> the major sports leagues do a touchdown dance after a federal judge's ruling. their lawsuit to spike sports gambling in new jersey get as crucial green light but new jersey isn't taking it sitting down. details how that state is fighting back and preparing to give vegas a run for its money. even when they say it's not, it's always about money adam: thank you for joining us. we want to look first at the day's market headlines. stocks slid for the 30 straight session. mediocre holiday seas and deadlock over fiscal cliff gave investors little to get excited about. the dow fell 24 points. the so-called fear index or the vix, soaring more than 4%. fiscal cliff concerns pushed the index to the highest level since july. one bright spot though was on the housing fnt. the monthly case-shiller report found october home prices rose 4.3% mpared with a year earlier. the data giving a late sign of recov
, still drifting at this point. >>> america's fastest growing port, you think it is los angeles, maybe new york, think again. savannah, georgia tops the list thanks to exports of chicken feed, a delicacy in asia. the head of the port is up ahead. tracy: maybe he will tell us how to eat those. ashley: no. tracy: outrage over spending bill for superstorm sandy is filled with pet projects in washington, d.c. while people are still devastated by the storm. liz claman on the story. ashley: from chicken to pork. time for stocks now. as we do every 15 minutes we head to the floor of the new york stock exchange, and nicole petallides. the market is literally at a stand till over this fiscal cliff. >> i knew you knew where we were going every 15 minutes, ashley. we have to check in on the markets. you're seeing the dow who haver around the unchanged line, down three points now. tech-heavy nasdaq the worst of the bunch down one half of 1%. app, i'm also watching whether or not the dow will have winning week. we had three straight weeks in a row of gains. if we close right here right now we're all ri
. the port of new york and new jersey, most of it is on the new jersey side is the mega port of the east coast. 250,000 jobs, 25 billion to $30 billion of economic activity for the nation suffered widespread damage. ships were unloading during the course of the storm, b a full recovery from the damage caused on theorts will take much longer. the storm surge grew to 14 feet, winds were about 90 miles per ho, pore than 700 cargo containers were damaged when the surge and high winds toppled the containers on to another. in thispicture, you can see half of the rt authority barge was lifted on to a berth in red ho hook. in jersey cy, a float was used to move railroad cars broke in half. 150 feet of railroad track was washed away. cargo handling cranes and other pieces of equipment were severely damaged. this is also important to national security issues, in the last background, the only port in bayonne, new jersey was closed, so the use of commercial port for forward projection for the east coast is the port of new york and new jersey. when it cannot operate, it's part of a national security
. wind farms and dairy are set to get hit. >> the ports of the east coast and gulf coast are bracing for a potential strike. the potential for this, midnight sunday with a shutdown threatening to threaten 20% of the cargo traffic. >> and instagram feeling the sting of the flap around privacy with users, fleeing the site. how will this impact facebook? >> as we mentioned, dennis berman, "wall street journal" market place editor is joining us here on set once again for the next hour. good to have you back, dennis. lots to talk about between the cliff and other news. >> three days before the u.s. goes over the fiscal cliff, congressional leaders will meet with the president this afternoon. i remember standing on the white house north lawn last month, after leaders met with the president back then. things looked pretty promising. here's what they said after that meeting. >> i believe that the framework that i've outlined in our meeting today is consistent with the president's call for a fair and balanced approach. >> i feel confident that a solution may be in sight. >> it was a construct
could suffer yet another major blow. looming strikes at ports from next sass to boston are threatening to put thousands of americans out of work. with potential losses for u.s. businesses ranging in the billions. >> the port of baltimore is one of maryland's largest economic generators. any type of work action that may result in a suspension or stoppage of work would have an adverse effect. >> we handle more cars, we handle more farm and construction equipment than any other u.s. port. patti ann: we're learning that adverse effect could take a toll on the economy. fox business network's stuart varney has more for us on that this morning. good morning, stu. >> good morning, patti ann. you're talking about two million tons of cargo a day. you're talking about billions of dollars of commerce every single day. if there is a port strike that takes place possibly on sunday of this weekend, then 14,500 dock workers walk off the job at 14 major ports on the east coast and the gulf coast. directly affected? retailers who will have a hard time getting supplies in for the spring sales. the wareho
billion worth of damage to rail subway and port infrastructure in their state. they testified on surface transportation yesterday. >> i call this hearing to order. thank you for joining us, mr. secretary. i asked you to testify today because i'm deeply concerned about the recent report that the f.h.a. could potentially need taxpayer support for the first time in its 78-year history. i would like you to help the committee gain insight into the fiscal challenges at the f.h.a. and what h.u.d. has done and can do to mitigate losses and address the shortfall in the capital reserve ratio. f.h.a. has been helping save lives of the mortgage market by ensuring that qualified lower to moderate income and first time home buyers have access to credit since 1934. since the beginning of the financial crisis, the f.h.a. has increased its market share from below 5% in 2006 to about 30% at its peak volume in 2009, in pursuant of that mission. this cyclical expansion was essential to the mortgage market, especially for first time home buyers who have comprised 78% of single family loans insured by f.h.a.
port complex. workers are expected to return to work this morning. clerks at the ports of los angeles and long beach, california had been on strike for eight days. the deal was reached hours after federal mediators entered the talk. the port handles a billion dollars worth of cargo a day. >> the flu season has gotten off to an early jump. and in one county in tennessee, closing classes for the rest of the week. this year's strain of the virus is more severe. >> reporter: if you haven't had your flu shot yet, now is the time. health officials say this is the earliest start of the flu season in nearly a decade. centers for disease control says alabama, louisiana, mississippi, tennessee and texas are all reporting higher than normal cases. >> we usually see flu begin to have an uptick in about four to six weeks from now. so seeing it this early could will predict not only a longer but a more severe flu season. >> federal health officials say the most common strain this year tends to make people sicker than usual but they are encouraged because this year's vaccine seems to protect against
tourism industry that is devastated. i am talking about the mega port of the east coast that suffered huge damages, national security, because we closed the only port that was a military port and now we use the commercial port 1 we need to in the case of emergencies. i could go on and on. talk, told her, i want to get a sense from you as to the commitment of this administration and the federal government to help in new jersey, and certainly new york, and the region, recover. when we had hurricane katrina on the gulf coast in mississippi and alabama and louisiana, i was there. when we had tornadoes in missouri, i was there. when we had flooding along the mississippi, i was there. when we had cropped instructions in the midwest, i have been there. i believe this is the united states of america. i fully expect that now, for the first time, we have the type of devastation others have suffered and should understand we are going to have the type of response others have received. i would like to get a sense of you as the type of commitment this administration has? >> this is a region i also have
of the busiest ports in the country now. a line of ships stacked with stuff, stuff that can't get on shore into, trucks and off to your store. it's a strike. and it's costing the united states billions. what's it all about? that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. [ male announcer ] break from the holiday stress. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. at chevy's year-end event, we have 11 vehicles that offer an epa-estimated 30 mpg highway or better. yeah? hey. hey. where's your suit? oh, it's casual friday. oh. [ male announcer ] chevy's giving more. now get a 2013 malibu ls for around $199 pe
in ocean port for 10 years. when word of the storm came, she evacuate it with as many possessions as she could. it is still not clear if her home will be torn down or rebuilt and put on higher stilts, and she does not have the money to do it. the only ones that survived were the ones built on higher stilts, which is why we need resiliency. for now, she is living in fema housing until december. she does not know where she will be after that. she is depending on friends and family. she has a remarkably positive attitude despite it all, which is why new jersey will come back stronger than ever. but if we do not have a robust program, the funding for her to rebuild will not be there. i would like to share these images from union beach, new jersey, where homes, cars, and people's very lives were destroyed. sandy was one of the largest transportation disasters in history. new jersey transit suffer damage to all 12 of its rail lines. miles of track were washed out. hundreds of cars and locomotives were submerged, some suffering irreparable damage. the system that carries 77 million people betwe
was the majority leader. his wife elizabeth dole and he left the port and republicans voted down the street. he was recently released from walter reed military center. now an independent caller from ohio, lee. caller: good morning. i am calling about something i have not heard about. people willing to take the $15 or $20 extra they're getting from the to% tax break, it is coming off their pension when they retire. social security is based on what you contribute. host: you are talking about the payroll tax cut, extending that possibly as part of the fiscal cliff negotiations. caller: right. it will cost them in the long run. host: because the money is coming out of social security. politicians say that will not happen. they say social security will have its money. caller: they tell you all kinds of things. host: john in atlanta, democratic caller. caller: how are you? it seems like it is open phones. i think as far as the fiscal cliff is concerned, the democrats and republicans need to come together and they need to do that rather quickly, because that's the way i feel about it. host: do you thi
amtrak, as well as the port authority to start the regional discussions off. to make sure folks identify and we a process to identify the most cost-effective mitigation efforts. it's going to be critical that the regions, the two states, all the agencies work well together on this. it's really quite possible that if not done correctly, one mitigation investment could worsen the potential damage on a neighboring transit asset. this really needs to be done in a coordinated fashion that bridges all of the local players, all of the local agencies, state and local governments to make sure that the impact of hurricane sandy don't repeat themselves. i see i'm already over my time, so with that, i'll submit the rest of the statement for the record, and thank you. >> thank you, administrator. madam secretary? >> good morning. chairman men endezz, members of the subcommittee, thank you for the opportunity to testify regarding recovery from superstorm sandy. in my roll as deputy assistant secretary for grant programs at h.u.d., i am responsible for the community development program, the cbdg, the c
deal stopped a pending shutdown of major u.s. ports that could have cost the economy billions. dock workers threatened a strike to freeze operations on the east coast and gulf of mexico but a contract extension gives them another 30 days to resolve their labor dispute with port owners and shippers. phil keating is live in south florida. there were key sticking points. which side budged? >> good afternoon, trace. we still don't know which side did in fact budge, whether it was the longshoremen or the shipping company owners or it could have been both sides coming together and reaching a negotiated deal. hard to imagine with what we see in washington, d.c. but neither side is talking. the key points had been over container royalties. you see the heavier each container is, the more money each long shore had man gets paid to take it off and put it on the truck. the owners of the companies wanted to cap the fees, the royalties, at last year's levels while the 15,000 strong longshoremen did not. neither side's talking but both sides say a deal on that -- an agreement has been reached. a q
not be so significant is the fact they're making it is significant. russia has a very critical port along the syrian course along the mediterranean the port of tartuse. russia is trying very hard to keep tear influence inside syria and may be trying to play both sides of the coin here. they want to keep assad so they have influence with him and to hedge their bet to gain as much influence with the syrian rebels so if the rebels win they get to keep the port which is their only naval port outside the russian federation. going forward this turned into a little bit of a proxy war. a number about weapons the rebels are getting especially coming from outside powers. obviously president assad has been resupplied by iran and russia. rebels being supplied by saudi arabia, qatar and also turkey so that both side here have little interest in a peace deal. more interestingly both sides, the saudis and the iranians, have an interest in trying to see this go on as long as possible and an interest seeing their side win inside syria. they're willing, more than happy in fact, to supply money and weapons
on sunday between labor union shipping at ports from boston to houston, could be halted. insiders say a deal looks like a long shot. right now over 14,000 workers are threatening to strike at 14 major ports. you see them go all along the south and east coast. not only will a strike cause billions of dollars a day, it will force shipping costs to rise. things will be delayed coming in. right now the union is fighting for workers to be paid per shipping container, which comes out to a salary of $124,000 per year for each worker. >>> mother nature adding insult to injury to people still trying to recover from super storm sandy. many in sea bright, new jersey, was devastated down there, say this week's nor'easter was like being kicked while down. one homeowner picked what she could salvage from sandy in a container. she sadly discovered it flooded. >> i don't know what to do about that. i'll have to -- first of all, get it out and get it someplace and dry it out. >> juliet: i drove down there three weeks ago, i could not believe what i saw. about 150 out of the 300 people who live there stayed.
15 ports along the east coast and the gulf and officials estimate it will cost $1 billion a day. >>> 5:03. let's check traffic and weather. we had a break yesterday but i guess rain is coming back. >> it's all gone. >> hello. >> it didn't last very long. we got rain heading towards the bay area and you can see that low. it's right there. so it hasn't quite hit the bay area yet. but by later on this afternoon, that's when we're going to see light showers and it's going to quickly spread all across the bay area, continuing to tomorrow morning. so it's on approach right now and you can see those showers. bring an umbrella if you are heading outside at all today. so again you won't need it for this morning. the only thing we're talking about are all these cold temperatures. very chilly. fairfield 34 degrees. san francisco in the 40s. it's going to be a cold day this afternoon. temperatures sightly below what we saw yesterday, 54 in oakland, 51 in san rafael, 52 in santa rosa. so you got the idea. just a cold rainy day on tap. it looks like it's going to continue through tomorrow cle
who keep all the cargo working in those busy sea ports are threatening to go on strike. a walkout could close ports from houston to boston. it would cripple shipping operations, and of course, impact the economy as early as next week. the union has been work without a contract since september and as many as 14,000 workers could hit the picket line starting this sunday. >>> big retailers have agreed to recall baby recliners which have a deadly defect. 150,000 nap nanny infant recliners are being blamed for at least five deaths and dozens of reports of babies falling, as well. the recliners have been on sale for about four years, and retailers agreed to this recall after the manufacturer went out of business. parents should return it for a refund. >>> a florida dad is angry after the christmas present he bought at a pawnshop for his teenage daughter had some x-rated extras. turns out the tablet george sanchez purchased was loaded with hard core porn. computer experted tried to delete them but unable to restore them to factory settings. the pawnshop says it was sold as is and no retu
. more than 10,000 employees at the ports of los angeles and long beach are refusing to return to work. a similar situation back in 2002 cost the city an estimated one billion dollars a day and took supply chain more than six months to recover, affecting nearly everybody. there is concern this strike may have even greater impact considering the fragile state of the economy in our country. adam housley is live at the port in long beach. adam, what is the latest there? >> reporter: jenna both sides are actually meeting at the table right now as we speak, the mayor of los angeles, other political forces are here as well trying to push both sides forward to find a settlement if at all possible. 800 workers, clerical workers walked off the job here. because of that 10,000 longshoremen won't cross. we talked to both sides. clerical workers say they're upset for a number of reasons. their main contention once they retire their shock jobs are shipped overseas. they don't want the jobs outsourced. they walked out on the lines here. >> we are making progress but i will tell you we are committed
hundreds of thousands of jobs for our region, especially if you include our port area. >> jon: as part of the comeback effort, is that why you had to get rid of the nets? i'm a knicks' fan? >> jersey needs a team, we should start one. you could play point. >> jon: you know what, i could play point on the washington generals. another thing you've done recently, you've started living on what's called the snap program, which is a food stamp program. you decided to live for a week on only what the city or the state affords you for food stamps. >> about $1.40 a meal. got into a fight on twitter with somebody saying the twitter... >> jon: sorry, you got into a fight over twitter. >> yeah. >> jon: you're on twitter? >> i am very much on twitter. it's another tool i have to communicate with voters, and i have about a million three followers. >> jon: oh, my god. i can't imagine. like "i got to go check my facebook page." "hey, who is that son of a bitch who poked me? hey, come on." so you communicate directly on twitter with constituents? >> yep. >> jon: don't they just flood you with vitriol?
, philadelphia, charleston, and other ports. this was the original tea party movement. it was not patriotic. it was not pretty or glorious. the furry climaxed thursday, december 16th, 1773, just before kris christmas, and the dumping of a million dollars worth of british tea. the people who dumped them amounted to about six or seven dozen men, nobody knows exactly how many were there. it was dark. many disguised themselves as indians. ironically, the white colonist who slaughtered indians on site, disguised themselves as indians baa they regarded them as a symbol of freedom. this unleashed a social, political, and economic upheaval they would never again be able to control. the tea party provoked a reign of terror in boston and other american cities with american inflicting unimaginable bar bareties on each other. they dumped ships, boston staged a second tea party a few months after the first one. the mobs showed no dissent, burning homes of anyone they suspected of favoring british rule and sent their dreaded imitation of the inacquisition coach to the doors of citizens who dared voice su
's transit and port authority. >> good morning, welcome everyone to today's hearing, the challenges our region's public transit and housing base as a result superstorm sandy has been addressed -- tough morning. we started with a hearing on the loss of our ambassador from libya. those challenges, just had opening ceremony for senator o inouye line in state and now the devastation the northeast region -- has been a tough day but we appreciate our witnesses being here to shed some light and hopefully some commitment by our colleagues to meeting our challenges. as you all know sandy's destructive force overwhelmed the region particularly in new jersey and new york and the result is massive unprecedented damage, unprecedented but this was our second hurricane in two years and we expect extreme weather like this to become more common for our region. because we need to prepare for the next storm is not enough to spend our time today simply discussing how we restore our housing and transit infrastructure to their vulnerable free storm condition. in my view now is the time to determine what a
.m.. the open in september next year. >> port of oakland boys voted to ratify for your contract agreement. it was reached after a 24 hour strike last month that disrupted port operations. >> this is video from that strike. the tentative agreement includes a host of living raise over the next two years. >> there will not be voting on the sutter health $2 billion hostile project in san francisco anytime soon. the board as the providers have postponed a vote until next year. the proposal to build a 555 bed hospital on van ness ave have hit a roadblock when a hospital cannot commit to keeping st. luke's hospital open. the vote for the hospital project is scheduled for tomorrow, but negotiations had been scheduled of this week. >> surveillance pictures of two women police say are using a stolen credit card from sausalito. the two women were recorded by two separate security cameras in mill valley on october 31st. there were last seen on the east life dealt cvs stores and the chevronfrontage road. >> northbound caltran tracks in san francisco have reopened after a car that was sitting on the tr
. larry in washington, larry? >> caller: boo-yah from port angeles, washington, jim. >> i'm liking that. >> caller: what do you think about american axle? you recommended that a few months ago, are you still hot on it? >> yes, i am. i think that is absolutely terrific. it's going to be big, the trucks port is going to be big. i like it. i want to own it. now let's go to emile in new york. emile? >> caller: hi, jim, how are you doing? >> couldn't be better. how about you, partner? >> caller: doing great. what are your thoughts on a long position in transdyne group for the upcoming year? >> oh, man, come on, aerospace, i love it. the stock is up 50%. >> buy, buy, buy! >> i think it's a terrific stock and i want you to own it, particularly if it gets any weakness. i want you to buy, buy, buy. and that, ladies and gentlemen, is the conclusion of the "lightning round." >> the "lightning round" is sponsored by td ameritrade. >>> coming up -- waiting for washington to rise above? get your portfolio prepared for whatever happens. call, tweet, or e-mail and find your way to the latest edition of
, it has an impact anyone who rides the rails for uses projects come from our port. i'm going to be working with this committee to rebuild transportation infrastructure to make it stronger and more resilient. in at least two cases, damaged the superfund sites. the potential releases of toxic pollution into the environment. they cannot do a thorough investigation of the storms in fact on sites throughout the region. today i'm introducing a superfund emergency response act which requires epa to perform an assessment of superfund site following any natural disaster and allows congress to appropriate emergency funding to remediate any damage. the bill will require epa to better protect on-site that are vulnerable to disaster. we've got to remember the super storm sandy in this changing climate are reluctant to your, to look at the changes in global temperature is very difficult to understand. the intensity, chairman more and more common by the opportunity in this community to make sure the northeast recovers every build just that way. all of them have taken an interest here, glad to share what
the school exactly where it was in indiana, we did smart things in terms of rebuilding a port that was smarter than there was before. first and foremost, we have to find ways to not stand in the way of the smart decisions but to encourage them. with whatever money we have, that will allow the money to go farther and be smarter. a second, and you will see what we provide our supplemental request, you will see that we propose to invest in mitigation. we know from studies that for about every dollar that we invest in mitigation, we get $4 back in avoided costs over time. that is something we have to recognize as we go in. the federal government investing in these, and making a specific part of this proposal in each of the areas will be important. i would hope parted the reason the president asked me to do this, i've worked in the private sector in new york and new jersey. behooved there is a real potential here -- there is a real potential here. if we are avoiding future costs, avoiding private sector costs in the future, there should be a way to capitalize the benefits in the fu
of the ports and knowing that deepening needs to be there, he's shown courage when he helped us in the fight against national labor relations board and the unions that tried to take boeing down. he has shown it with his fiscal representation and the fact that he knows the value of a dollar. of he understands what every family and small business goes through, and he has stayed consistent to that. it also shows for the fact that this man loves south carolina. and he is very aware that what he does and every vote he makes affects south carolina and affects our country. and so it was with that that i knew that he was the right person. i have no doubt that he will fly through 2014. i am strongly convinced that i and the entire state will be, the entire state understands that this is the right u.s. senator for our state and for our country. what i will also tell you, and it is very important to me as a minority female that congressman scott earned this seat. he earned in this seat for the person that he is. he earned this seat for the results he has shown. he earned this seat for what i know he's
people make sure that the middle class and the port are taking care of. we have the calmness from "the move on.times," let's >> hours later, senator reid returned to the floor. >> i now ask unanimous consent that at 1:30 p.m. today, the senate did proceed to read s664, regarding the debt limit increase, that there be no limits [indiscernible] upon user yielding back at that time, the bill will -- >> is there an objection? >> i reserve the right to object. what we're talking about is a perpetual debt ceiling grant in effect to the president. matters like this always require 60 votes. i would ask my friend, the majority leader, if he would modify his consent agreement to set the threshold at 60. >> majority leader? >> reserving a right to object. what we have here is republicans in the senate not taking is for an answer. this morning, the leader asked for consent on the proposal. now i am telling everyone to have that good, upper down vote. now he rejects his own idea. i guess we have a filibuster on the bill. so i object. >> is there an objection to the original request? >> yes, i rejec
by the superstar. now, elizabeth macdonald has been up front of the story. >> reporter: being called the port storm. the spending bill for residents of new york and new jersey. let's take a look at some of the wish lists and items in the bill. $41 million for military bases including cuba. 23 million for tree planting, 4 million for sand dunes, $4 million for new cars and office equipment at the fbi. $2 million for a new roof at the smithsonian all the way down to $1 million for treason cemeteries, so here is the debate. did that storm hit d.c. or new york and new jersey? is it the right thing to nationalize the disasters? should you have it at the state -- spinning at the state level and not governed by the federal government? that is the problem. no hearings at on the spending in the spending bill. $60 billion on this is equal to what the tax hike would be in the top 2% bracket. dennis: what are they -- do we have any idea? >> reporter: i have been checking into it. no word. we have an update from the governors of new york, new jersey, and connecticut's and 60 billion went out the door two weeks
time off today, making headlines the threat of imminent labor unrest at these ports. there are four pacific northwest ports. it's been averted. the dock workers union says its workers will stay on the on job despite substandard controls. both sides are leaving the door open to further negotiations. meanti meantime, about 15 container cargo ports on the atlanta and gulf coast are bracing for a strike by nearly 15,000 union dock workers on december 30th unless shippers extend their contract. and commerce on a key stretch of the mississippi could be halted earlier than expected next week due to low water levels. this could disrupt shipment of grain and other goods and it could do it for months. shippers have been watching a street of the mississippi between st. louis and cairo. and you never know if you were pronouncing it right, some of these others like bagoda or lima, ohio, or versailles. you never know but i think it is cairo, illinois, due to concerns about potential closers.ñ >> i'm not looking at you. >> all week on cnbc we've been focusing on the prospects for 2013. sheer is s
. the threatened walk out could have idled ports. a made itemmer is cautionly optimistic. > >>> eight united states sailors are suing japan's electronic power company. they say that the company lied about radiation dangers after last year's quake and tsunami. they were delivering aid from the regan after the disaster. they stay they were sickened by radiation from the nuclear plant and now suffer from cancer and other physical problems. >> i just want to get it out. i'm not after this for any financial compensation, i just want the truth to be told. we were lied to. people's lives weren't robust ono the ship. >> the sailors say the government knew how dangerous the situation was and never warned them act risks. they are seek ten million dollars in damages and 30 million in punitive damages for each of the plaintiffs. >> the population is set to hit 315 million by new year's day. that is an increase of less than 1% since april of 2010 which was the last time a population snap shot was taken. that growth is at a slower pace than projected. the bureau sites low births and immigration rates as possi
. the first shot report we were saying 3:29 p.m. local time in port land. now they are saying the first call was at 3:20 p.m. that time of the afternoon, moms and kids at the santa store, the foot court full of people. christmas shopping going on intrps to macy's there. the food court and this camera shop and in come ins this man clad in camo mask on his face carrying this weapon and just begins shooting apparently in the early going at random. walked by a game shot and shot there according to their witnesses walked around by this macy's and shot there according to witnesses. all the while running and screaming. you heard reports from mall employees and mall managers saying that some stores were closing their gates. others didn't know what to do. jewelry store employees according to a report you heard somebody was going on. news conference now being reported widely. that the suspect has been neutralized the suspect may be dead and in fact he may be one of the two people dead inside that mall or confirmed dead. we have multiple reports now of shooting others trying to get out of this scene yo
'll certainly remember reprovided a lot of flexibility to do smart thicks in terms rebuilding a port in a way that was smarter than there was before. so first and fore most, we have to find ways not at the federal level to stand in the way of the smart decisions, but encourage them. with whatever money we have, that's going allow the money go farther and to be smarter. second, we will, and you will see when we provide our supplement request for the administration this week with, we propose to invest in mitigation. we know now from studies fema and elsewhere that for about dollar we invest in mid gracious. we get $4 back in avoided cost over time. that's something we have to recognize as we go in. and so the federal government investing in these recognizing the fiscal limit we have but investing in a smart way, making a specific part of this proposal in each of the yours that we go forward focused on mitigation is going to be important. the third i would say i hope part of the president asked you to do this. i worked in the private sector in new york and new jersey. one of the things i know th
experience about how port and insurance business situations? >> absolutely. we've have prepared it this packet were talk about insurance being key. we do make loans for insured or underinsured losses. we'll take an salmon of the insurance policy. there's a lot of lessons learned here, but i don't want to state a specific percentage about nonfactual numbers. we can get that number. >> please. the 108 mendes features you'd be interested is your determination as to how many have insurance at how many different. i'm assuming you would agree that's critical of the amount of insurance they have when people look to the federal government to step in and fill a gap. >> just to clarify that's part of our process. we'll make a loan for $1 in the theater $50,000 of insurance. we will miquelon upfront and reduce the full amount by about 50,000 will make the phone for underinsured losses. >> we also take an assignment on insurance prayers these quakes >> we do when they make it before the insurance is settled. >> that's enough for this round. >> thank you on the senator. let me assure you we
. you also have one of the largest and most important ports in the long beach area. there is another program specifically designed to enhance port security. host: $98,000 was spent on an underwater robot in columbus, ohio. is it harder for urban areas outside of metropolitan areas to justify the grants and find ways to use them? are there hurdles in getting money or not? guest: generally speaking, it tends to go to the larger jurisdictions, because as you would imagine, those are the ones at the greatest risk and potential targets for terrorists. most of the money would go to places like new york, chicago, miami, los angeles, dallas, places like that. however, over the years, some smaller areas have been able to receive some money. columbus is an illustrative case of that. host: barbara on the independent line. caller: there have been security breaches at nuclear plants. people coming in that were not employees. what kind of funds are going to be provided for states with nuclear plants against terrorism attacks? guest: that is one of the key focuses of dhs grants, as you correctly po
abandon the strategic mississippi river delta which transports more tonnage than any port system in the western hemisphere and produces 1/4 of the country's energy supply, we refuse to abandon the world's most important financial and commercial center. instead we must improve the resiliency of our communities, environment and essential services and vulnerable populations with smart planning and well-designed recovery and rebuilding tools. we have the ability to reduce the consequences of severe weather. by mitigating flood risk through smarter land use guidelines, building codes and flood protection improvements. the state of new york has requested $9 billion for mitigation measures from the administration. the state of new jersey is seeking another $7 billion for the same purpose. i commend governor quomeow and governor christie for -- cuomo and governor christie for including strategic needs in their funding request. both of these leaders have demonstrated inble compassion and concern for the people who they represent and have been highly effective in their leadership since the
their opposition to morsi's move to greatly expand his personal powers. and in the port city of alexandria, the president supporters taking to the streets for a rally organized by the muslim brotherhood, clashing with opponents there. steve harrigan is streaming live from cairo. what's the latest? >> both sides really trying to get their supporters out on the streets to show the level of public support, both pro and anti-morsi groups have. the anti-morsi protesters really come up short today, 25,000 at their peak behind me in that rear square. two miles away, perrot-government protesters numbering about 200,000, just here in cairo alone. but also in other cities in egypt as well. many of these egyptians from the rural areas bussed in, many carrying korans as well, shouting god is the law. so a real strong show of force for morsi supporters. morsi is also announced this constitution that will go to a he referendum. this draft constitution he pushed through in one night will be voted on in two weeks, on december 15. morsi vowed once that constitution is in place, the extreme powers he gave h
history. talk about logistics'. the british transported 25,000 troops and artillery to retake the port of new york. >> the best thing is that all of the diaries talk about the fleet coming in in the summer of 1776, beginning of the summer. >> two months after the declaration of independence. >> it was about two months of the declaration. the siege of boston to buy again, not trying to downplay it . "with the british were actually going to leave the money to buy there is this idea. some scholarship is said to me you know, the boston siege, the americans did and some much kick them out as the british were planning on leaving anyway. i'm not even going to go there. there is not a war on then. there is a colonial, you know, a disturbance. but we declare war. i mean, we say we are independent of the summer. but the british sales back with what will be the largest invasion fleet until d-day, and all of the colonists notice in the diaries, the famous diaries that the fleet coming in. they concealed austenite. and that is -- sorry if that sounds strange, but the fun thing. i'm walking down the
to watch over u.s. ports and international borders. critics say the drones are an invasion of privacy. the council will send the issue back for review next year. >>> well, 'tis the season to give and the glide foundation and gap, inc., is doing that this morning. a massive grocery bag giveaway is under way in san francisco at glide memorial. about 5500 free bags full of food will be handed out and the giveaway is until noon. traffic and weather after a break. ,,,,,,,,,, >>> good morning. we're seeing delays along 101 as you work your way along the peninsula and connect to the san mateo bridge so give yourself some extra time is there. no accidents but extra busy. san mateo bridge itself looking like you can see just extra volume on the westbound side toward foster city. elsewhere, along the freeways, the south 101 at lucas valley in marin county accident blocking lanes slow there. north 880 at davis a wreck also blocking lanes, slow-and- go. and 880 northbound stacked up through oakland. elizabeth? >> thanks, gianna. lots of clear blue skies outside right now and deep blues on our w
ports around this country as well as carriers. it is going to take funding. i would note in the middle class job creation at there is up to $150 million in grant funds available for next generation 911. that is a terrific resource. it is my hope that they will benefit from that. >> you have been an advocate for wireless consumers as they rely exclusively on wireless service. he believes consumers will benefit if the sec exercises authority to promote wireless competition? >> absolutely. competition, there are more opportunities. that is good, especially for lower incomes. i do not take a one size fits all. i believe i should help promote that and to the competitive market standing. >> thank you. >> welcome to the commissioners. let me mention how pleased i am that we are working cooperatively with the industry on the 911 issue. that is what kids use today. they move quicker than we do. the reports that i'm reading, then i like what is going on. we hope we would be working with regulators and the industry to identify it. kudos. i would say keep it up. the goal of this was to do two thin
. it dates back to 19th century portugal where you get port wine from. >> we love port wine. >> come on. >> now what do we do? >> have one of these. >> bring the potatoes already sliced. have one more scallop. >> was a please implied? >> you just keep layering potatoes like so to cover and then you put the onions down. >> once again, please was implied. >> yes. please, hoda. >> thank you. >> you're doing a fabulous job. >> thank you. >> okay. then you keep layering it and layering it and layering it. where does the cod go? >> the cod is going to go in next? you're going to do this here. >> i have to do everything. >> you didn't get all your onions in there? >> it's a layer. >> it's not equal though, hoda. >> it's a team effort here. let's go. come on, guys. >> i was just going to say -- >> we don't have much time here. >> you pout put more of that on top. >> more cod. then more potatoes. >> yes, yes. keep going with the cod. >> let's taste it. >> portuguese people survived on cod. >> i want to give everybody a little slice. >> is that like a national dish? >> olives. >> then you baky? >
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